In addition to financial information prepared in accordance with U.S. GAAP, this presentation also contains adjusted financial measures that we believe provide investors and management with supplemental information relating to operating performance and trends that facilitate comparisons between periods and with respect to projected information. These adjusted financial measures are non-GAAP and should be considered in addition to, but not as a substitute for, the information prepared in accordance with U.S. ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 000-26041 F5, INC. (Exact name of registrant as specified in its charter) Washington 91-1714307 (State or other jurisdiction ...

This presentation contains forward-looking statements including, among other things, statements regarding F5's future financial performance including revenue, revenue growth, operating margins, earnings growth, planned stock repurchases, future customer demand and spending, markets, and the performance and benefits of the Company's products. These, and other statements that are not historical facts, are forward-looking statements. These forward-looking statements are subject to the safe harbor provisions cr ...

F5, Inc. (NASDAQ:FFIV) Q2 2023 Earnings Conference Call April 19, 2023 5:00 PM ET Company Participants Suzanne DuLong - Vice President, Investor Relations François Locoh-Donou - President and CEO Frank Pelzer - Executive Vice President and CFO Conference Call Participants Sami Badri - Credit Suisse Ray McDonough - Guggenheim Securities Tim Long - Barclays Samik Chatterjee - JPMorgan Simon Leopold - Raymond James Meta Marshall - Morgan Stanley James Fish - Piper Sandler Operator Good afternoon. And welcome t ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended December 31, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 000-26041 F5, INC. (Exact name of registrant as specified in its charter) Washington 91-1714307 (State or other jurisdicti ...

F5, Inc. (NASDAQ:FFIV) Q1 2023 Earnings Conference Call January 24, 2023 4:30 PM ET Company Participants Suzanne DuLong - Head of IR François Locoh-Donou - President and CEO Frank Pelzer - Executive Vice President and CFO Conference Call Participants Sami Badri - Credit Suisse Tim Long - Barclays Alex Henderson - Needham & Company Samik Chatterjee - JPMorgan Amit Daryanani - Evercore ISI Meta Marshall - Morgan Stanley James Fish - Piper Sandler Victor Chiu - Raymond James Thomas Blakey - KeyBanc Capita ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended September 30, 2022 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to . Commission File Number 000-26041 F5, Inc. (Exact name of Registrant as specified in its charter) Washington 91-1714307 (State or other juri ...

F5, Inc. (NASDAQ:FFIV) Q4 2022 Results Conference Call October 25, 2022 4:30 PM ET Company Participants Suzanne DuLong - Head of IR Francois Locoh-Donou - President and CEO Frank Pelzer - Executive Vice President and CFO Conference Call Participants Tim Long - Barclays Sami Badri - Credit Suisse Alex Henderson - Needham Samik Chatterjee - JPMorgan Paul Silverstein - Cowen Meta Marshall - Morgan Stanley James Fish - Piper Sandler Victor Chiu - Raymond James Jim Suva - Citigroup Operator Good afternoon ladies ...

Table of Contents Title of each class Trading Symbol(s) Name of each exchange on which registered Common stock, no par value FFIV NASDAQ Global Select Market Emerging Growth Company ☐ UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transitio ...

Financial Data and Key Metrics Changes - In Q3, the company reported revenue of $674 million, reflecting a 4% year-over-year growth, with product revenue growth of 5% [18] - Software revenue grew 38% to $179 million, while systems revenue declined 18% year-over-year to $148 million due to supply chain challenges [19] - GAAP net income for the quarter was $83 million or $1.37 per share, while non-GAAP net income was $155 million or $2.57 per share [24] Business Line Data and Key Metrics Changes - Software represented 55% of product revenue, marking the second consecutive quarter where the majority of product revenue came from software [18] - Subscription-based revenue contributed 82% of total software revenue, a new high, with recurring sources totaling 72% of revenue, up from 66% in the prior year [20] - Global services revenue increased by 2% year-over-year to $348 million [19] Market Data and Key Metrics Changes - The Americas region delivered 5% revenue growth year-over-year, representing 57% of total revenue, while EMEA declined 7% and APAC grew 15% [21] - Enterprise customers accounted for 70% of product bookings, with service providers at 18% and government customers at 12% [21] Company Strategy and Development Direction - The company is focused on expanding its solutions portfolio and consumption models to adapt to macroeconomic uncertainties and inflation [17] - The strategic emphasis is on software growth drivers, including BIG-IP, NGINX, and F5 distributed cloud services [17] - The company anticipates improvements in systems revenue starting in Q2 of fiscal 2023 due to supply chain enhancements [9] Management's Comments on Operating Environment and Future Outlook - Management noted strong demand in Q3 but acknowledged potential pressures on customer budgets due to macroeconomic factors [16] - The company is preparing for a cautious environment by monitoring customer signals and adjusting investments accordingly [17] - Management expressed confidence in sustained revenue and earnings growth due to successful business transformation efforts [17] Other Important Information - The company authorized an additional $1 billion for its share repurchase program, in addition to the remaining $272 million from the existing program [30] - Deferred revenue increased 14% year-over-year to $1.64 billion, driven by subscriptions and SaaS bookings growth [26] Q&A Session Summary Question: Clarification on backlog and software growth trajectory - The backlog was significantly higher in Q3 compared to Q2, with specific numbers to be released in the October call [33] - Management is optimistic about software growth drivers but will provide more guidance for fiscal 2023 in October [34][36] Question: Service provider reliance on F5 portfolio - Service providers are increasingly relying on F5 due to investments in cloud-native functions and capacity increases for 4G and 5G traffic [40][42] Question: Software metrics and deal flow - Management is tracking software metrics internally but is not ready to release them externally yet [58] - Both true-forwards and new deals contributed to software growth, but specific splits were not provided [63] Question: Customer buying behavior and pipeline activity - No concerns about order cancellations were noted, and the pipeline for Q4 is strong with large deals expected [66][70] - Management is cautious about potential impacts of macroeconomic factors on customer investment prioritization [71] Question: Internal preparations for macro changes - The company has slowed down hiring and delayed some investments in response to macroeconomic uncertainties [77] - Demand signals remain strong, and incentives for software sales will continue to be robust [78] Question: Back-end loaded quarter and DSO - The back-end loading was attributed to strong demand and some orders being pulled forward to avoid price increases [83] - DSOs are expected to normalize in the back half of FY '23 as shipping schedules improve [82]